Fed's Hamaker: Inflation High, Rate Hike Likely; September Odds at 80%

Published: Jul 1, 2026 10:46

Save

US Fed's Hamake: Inflation remains too high, and rate hikes may need to be considered; interest rate futures show that the probability of a US Fed rate hike in September has risen to 80%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

SMM Nickel Brief: High-Grade NPI Sentiment Down, Spot Fundamentals Tight, Futures Weaken Cost Advantage

[SMM Nickel Flash] As of July 1, the SMM sentiment factor for the high-grade NPI market stood at 2.03, down 0.03 MoM. The upstream sentiment factor for high-grade NPI was 2.32, down 0.04 MoM, while the downstream sentiment factor came in at 1.74, down 0.02 MoM. The spot fundamentals for NPI remain in a tight balance, with overall price resilience in suppliers’ offers. However, persistently weakening futures have continued to erode the cost advantage of NPI relative to the SHFE/LME price ratio.

10 hours ago

12 hours ago

EcoPro Begins Second Phase of Indonesian Nickel Project

EcoPro Group announced on July 1 that it will participate as a major shareholder in the BNSI smelter construction project within the International Green Industrial Park (IGIP), marking the second phase of its Indonesian nickel smelter investment. The project will have a nickel capacity of 90,000 mt, enough to supply batteries for around 2 million electric vehicles.

12 hours ago

Data: SHFE, DCE market movement (Jul 01)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Jul , 2026

12 hours ago